LyondellBasell Industries NV [LYB] stock is trading at $100.00, down -1.68%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LYB shares have gain 0.99% over the last week, with a monthly amount glided 5.56%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 6, March 2024, LyondellBasell to Address J.P. Morgan 2024 Industrials Conference. In a post published today on Yahoo Finance, LyondellBasell today announced Peter Vanacker, chief executive officer, will participate in a fireside chat at the J.P. Morgan 2024 Industrials Conference in New York City on Wednesday, March 13, 2024 at 9:30 a.m. EST.
From an analyst’s perspective:
Previously, JP Morgan upgraded its rating to Overweight on February 05, 2024, and elevated its price target to $100. On January 10, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $105 on the stock. Vertical Research upgraded its rating to a Buy. Citigroup downgraded its rating to a Neutral and reduced its price target to $98 on December 13, 2023. BofA Securities upgraded its rating to Neutral for this stock on October 18, 2023, and upped its price target to $107. In a note dated October 04, 2023, Citigroup upgraded an Buy rating on this stock and boosted its target price from $104 to $106.
LyondellBasell Industries NV [LYB] stock has fluctuated between $81.24 and $102.93 over the past year. Currently, Wall Street analysts expect the stock to reach $106.19 within the next 12 months. LyondellBasell Industries NV [NYSE: LYB] shares were valued at $100.00 at the most recent close of the market. An investor can expect a potential return of 6.19% based on the average LYB price forecast.
Analyzing the LYB fundamentals
LyondellBasell Industries NV [NYSE:LYB] reported sales of 40.92B for the trailing twelve months, which represents a drop of -4.74%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.16 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 99.09 points at the first support level, and at 98.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 101.13, and for the 2nd resistance point, it is at 102.26.
LyondellBasell Industries NV [LYB] reported earnings per share of $1.39 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.31/share, meaning a difference of $0.08 and a surprise factor of 6.10%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2.46 per share as compared to estimates of $2.03 per share, a difference of $0.43 representing a surprise of 21.20%.
Ratios To Look Out For
For context, LyondellBasell Industries NV’s Current Ratio is 1.84. In addition, the Quick Ratio stands at 1.16 and the Cash Ratio stands at 0.47. Considering the valuation of this stock, the price to sales ratio is 0.79, the price to book ratio is 2.51 and price to earnings (TTM) ratio is 15.47.
Transactions by insiders
Recent insider trading involved McMurray Michael C., EVP & CFO, that happened on Mar 12 ’24 when 16940.0 shares were sold. SVP, CAO & Investor Relations, Oyolu Chukwuemeka A. completed a deal on Feb 29 ’24 to sell 7084.0 shares. Meanwhile, EVP, Olefins and Polyolefins Lane Kenneth Todd sold 9489.0 shares on Feb 26 ’24.
